The Value of Data

April 24, 2012 / Melody Smith / Comments Off on The Value of Data

Data is everywhere: on the Web, within an enterprise, in both closed and open academic communities, across every technological field or surface available. The Hindu brought this information to our attention in their article, “Connecting the dots, lucratively.” This frequency and availability of data provides an opportunity for analytics, and analytics can provide perspective.

What analytics does is convert huge amounts of raw data into insights or information. Even enterprise data, which was once considered logs or records of processes, is now seen as a valuable asset. Search engines deserve much of the credit for revealing the potential of data.

That potential can’t be realized if we don’t have access to the data to begin with. Maintaining access to your data is important all the time, and especially during integration. Access Innovations is one of a very small number of companies able to help its clients generate ANSI/ISO/W3C-compliant taxonomies to make their information findable.

Melody K. Smith

Sponsored by Access Innovations, the world leader in taxonomies, metadata, and semantic enrichment to make your content findable.

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Melody Smith

Melody K. Smith has provided organizational, social media and digital communication services to a large non-profit for the past twenty years. Prior to that she championed employee engagement and communications in the healthcare field. She holds a Bachelors degree in Marketing. When not wrangling and writing TaxoDiary content for your reading pleasure, Melody writes fiction, rescues dogs and throws legendary dinner parties.